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Corporate News 24 Nov 2018 | 12:00 AM Premium

Bursa Malaysia-listed firms in the ecosystem

THE information technology services provider had in October last year received a further three-year contract valued at RM42.43mil to maintain and service the Immigration Department’s Malaysian Immigration System (myIMMs).

Business 27 Oct 2018 | 12:00 AM Premium

The heat on SKIN puts Prestariang in a spot

THE uncertainties hanging over its multi-billion ringgit border control project have taken a toll on Prestariang Bhd shares, leaving the stock in an overhang position due to its heavy institutional shareholding.

Business 26 Oct 2018 | 12:00 AM Premium

Prestariang comes under pressure

Forced selling by major shareholder as speculation persists on SKIN contract

Analyst Reports 24 Oct 2018 | 12:25 AM Premium

CIMB Research retains Add for Prestariang, lower target price

KUALA LUMPUR: CIMB Equities Research’s target price for Prestariang has been reduced from RM2.05 to RM1.89 as it revised its sum-of-parts valuation basis on its National Immigration Control System (SKIN) project.

Technology 30 Oct 2017 | 4:37 PM Premium

HeiTech Padu secures Immigration’s myIMMs contract for three more years

KUALA LUMPUR: HeiTech Padu Bhd has received a further three-year contract valued at RM42.43mil to maintain and service the Immigration Department’s Malaysian Immigration System (myIMMs).

Business 22 Jul 2017 | 12:00 AM Premium

Keeping a Skin-tight focus

AFTER nearly four years of waiting, the concession agreement (CA) for the Sistem Kawalan Imigresen Nasional (Skin) project has been finalised between Prestariang Bhd and the Government. While expectations were high prior to the official announcement, it seems that the market is rather negative on the project’s details, post-signing of the CA.

Nation 21 Jul 2017 | 1:24 AM Premium

Bangladeshi activist deported

KUALA LUMPUR: Bangladeshi human rights activist Adilur Rahman Khan was deported on Thursday night.

Corporate News 19 Jul 2017 | 1:05 AM Premium

Trading ideas: Ekovest, IHH, OCR, Prestariang, Axiata

KUALA LUMPUR: JF Apex Research expects Ekovest, IHH Healthcare, O&C Resources, Prestariang, Axiata and Chin Hin to be among the stocks which could see trading interest after the flurry of corporate announcement and news.

Corporate News 19 Jul 2017 | 12:40 AM Premium

CIMB Research neutral on Prestariang’s SKIN concession

KUALA LUMPUR: CIMB Equities Research is neutral on Prestariang after its subsidiary Prestariang Skin Sdn Bhd (PSkin) signed a RM3.5bil, 15-year concession agreement with the Home Affairs Ministry to implement an integrated core immigration system known as SKIN. However, it has an Add call on the company with a target price of RM3.

Nation 19 Jul 2017 | 12:00 AM Premium

DPM: Govt wants zero defects in new immigration control system

CYBERJAYA: With the new and more advanced National Immi­gration Control System (SKIN) set to roll out in 2021, Datuk Seri Dr Ahmad Zahid Hamidi wants no repeat of the sabotage incident that hit the previous system.